Affiliate marketing is something practically every website owner should have a basic understanding of in today’s digital world. Even if you don’t personally use it in your monetization strategy, there may be a time when you want to. This guide to affiliate marketing can get you several steps closer to understanding one of the most popular forms of website monetization online businesses use today.
While affiliate marketing is nothing new in principle, it is fairly new to the world of Instagram. In many ways, the pairing is a match made in heaven. Instagram followers are more likely to engage with branded content than other social media users. Instagram celebrities from Kim Kardashian to the Beauty Boys have garnered millions of loyal followers thanks to influencer strategies that tell consistently compelling stories.
Win-win-win. The advertiser wins because they only pay when a purchase is made (as opposed to the shotgun approach of paying to advertise to the masses and waiting for a small percentage to actually buy). The affiliate wins because they make money while providing helpful advice. The customer wins because they get a trusted recommendation for something they might not otherwise have known about.
Affiliates may only post affiliate links on social media feeds they operate in line with their website URL, such as Instagram, Facebook, or Twitter. Affiliate links are prohibited on some social sharing sites, such as Pinterest and Tumblr. When posting content outside of Etsy, it is the Affiliate’s responsibility to follow each site’s policies on affiliate link
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